NOT where to have been. Right place 2007....wrong place past 5 years.
Investors always buy safety & Optionality AFTER the crisis.
And don't play the silly "sell in May and go away". Hint hint
While Buffett BUYiNG $billions of US Stocks.
For those of you scoring at home, or actually believe the silliness you read here.
This clown is worse than Todd. Lol
Long ago saying stocks were way overvalued.
Buffett just said stocks are reasonable...WAY above the bull sh--tters exit level.
Whiner who went heavy Cash at Dow 11,000.
He only buys trees.
Didn't think we'd ever get that low again. But bounced hard off it.
Morningstar pegs IV at $144,000 B.
Clearly very undervalued at interest rates under 10 year 4%.
As Buffert said in 1999 "to justify these valuations, we need S and P Earnings to Double OR the TEN YEAR TREASURY YIELD to be CUT in HALF. (10 year yield was then 6.2%).
What has happened? BOTH. S and P was 28 times Earnings, neatly TWICE today's valuation.
14.5 x estimates with 2.63% 10 Year.
At 30 X in 1999 with 10 year Trez at 6.2%, Buffett said "either double earnings or cut rates in half".
Guess what? We did BOTH.
You"re on to something.
Unreported in the liberal media is the huge push by the Far Left, upsetting the Obama agenda. The leftist whack Jakob's, led by grannie fake Indian Liz Warren nixed Obamas Syria plan AND nixed his choice for Fed Chairman, Summers. The far left is impacting the center left White House in a new, more powerful way than the nutcase far right tea party is impacting Repubs.
Centrist Repubs smell opportunity. Stay tuned.
The battle for the middle is on.
Pretty stupid post.
If you destroy the Dollar, the last thing you want you own is ,...Dollars...Cash.
It'll take a lot more worthless dollars to buy good companies or good things.
We devalued the Dollar in the seventies and stocks predictably soared.
It's common sense. Something you don't have.